Che, Yeon-Koo (contributor); Kim, Jinwoo (contributor) - 2005
studies explore how agents can effectively
collude against exogenously given institutions, a few recent studies have begun to … the correlated type environment.
Section 8 then studies collusion-proofing when only a subset of agents may collude … made in such an event. Given passive beliefs, a manipulation,
˜M, would be acceptable if
(IRM) U ˜Mi (θi) ≥ UMi (θi), ∀i …